USDA Report Snapshot: U.S. corn, soybean ending stocks unchanged
|
U.S. Carryover |
||
|
Corn – billion bushels |
|
|
|
2022-23 |
2023-24 |
|
|
USDA |
NA |
2.172 |
|
Average est. |
NA |
2.159 |
|
USDA February |
1.360 |
2.172 |
|
|
||
|
Soybeans – million bushels |
|
|
|
2022-23 |
2023-24 |
|
|
USDA |
NA |
315 |
|
Average est. |
NA |
319 |
|
USDA February |
264 |
315 |
|
|
|
|
|
Wheat – million bushels |
|
|
|
2022-23 |
2023-24 |
|
|
USDA |
NA |
673 |
|
Average est. |
NA |
657 |
|
USDA February |
570 |
658 |
|
|
|
|
|
Cotton – million bales |
|
|
|
2022-23 |
2023-24 |
|
|
USDA |
4.25 |
2.50 |
|
Average est. |
NA |
2.72 |
|
USDA February |
4.25 |
2.80 |
|
Global Carryover |
||
|
Corn – MMT |
||
|
|
2022-23 |
2023-24 |
|
USDA |
301.62 |
319.63 |
|
Average est. |
NA |
320.39 |
|
USDA February |
300.25 |
322.06 |
|
Soybeans – MMT |
||
|
|
2022-23 |
2023-24 |
|
USDA |
102.15 |
114.27 |
|
Average est. |
NA |
114.27 |
|
USDA February |
103.57 |
116.03 |
|
Wheat – MMT |
||
|
|
2022-23 |
2023-24 |
|
USDA |
271.10 |
258.83 |
|
Average est. |
NA |
259.12 |
|
USDA February |
271.21 |
259.44 |
|
Cotton – million bales |
||
|
|
2022-23 |
2023-24 |
|
USDA |
82.97 |
83.34 |
|
Average est. |
NA |
83.31 |
|
USDA February |
82.97 |
83.70 |
